Americans are Angry and Frustrated

Observations on Social and Economic Strains in the US: A Comparative Perspective

This week, while traveling on the local transit bus, I noticed a troubling trend: passengers are increasingly disengaged, often staring into the distance with blank expressions. This growing detachment reflects broader social and economic issues that many Americans are grappling with daily.

Economic Pressures and Social Isolation

As inflation drives up costs across various sectors—food, housing, and insurance—many individuals are feeling overwhelmed. High living expenses have exacerbated frustration and anxiety, leading to a sense of helplessness among the public. This is evident in the rise of unhealthy eating habits and a noticeable decline in social interactions, as people rush through their lives without time for family or friends.

In contrast, countries in Europe and Latin America often present a different picture. Despite earning lower incomes and owning fewer material possessions, many people in these regions maintain multi-generational family households and experience a stronger sense of community. For instance, in Colombia, the average monthly income ranges from $300 to $679, while rent for a one-bedroom apartment is between $169 and $400. Comparatively, in the US, the average income is $1,200 to $1,375, with one-bedroom apartments costing between $700 and $1,100.

Insights from Abroad

Geno Perez, an American expatriate living in Colombia's coffee region near Armenia, has documented his monthly expenses, highlighting the stark contrast with US costs. His observations underscore the significant impact of inflation and rising living expenses in the US, which have contributed to growing frustration and a trend of Americans relocating abroad.

Before my mother passed away, she asked if I would stay in the US. My response was uncertain, driven by my growing concern over the financial pressures and bureaucratic complexities prevalent in the country. The US, which houses 40% of the world’s lawyers despite a population of 331 million, reflects an over-reliance on legal frameworks that often result in increased costs for both individuals and businesses.

A Concerning Trend

The escalating costs of living, coupled with the necessity for additional part-time work to make ends meet, have created a challenging environment for many Americans. The pervasive influence of money on daily life, alongside rising expenses and inflation, has contributed to widespread dissatisfaction and a sense of diminishing quality of life.

In summary, the current socio-economic climate in the US is driving many to reconsider their living situations, both within the country and abroad. The growing frustration and economic strain experienced by many Americans highlight a need for reflection on the underlying causes of these issues and potential paths forward.

www.fidelity.com/learning-center/smart-money/average-salary-in-us

https://worldmetrics.org/average-income-in-colombia/

https://www.youtube.com/@genoperezadventures8336

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